111
111
Dec 28, 2012
12/12
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part of it is that google is a consolidator. they get $10 for the ads and then they pay "the times" for us. basically, a lot of money being lost. basically, internet advertising is cheap. this is the big problem, will "the times" survive? that is the present question. one thing we should also say, because it is part of the puzzle, when "the times" went public, all of us bought shares. you may not know that, but your pension fund may have some shares. all of these shares that everyone owns, there is actually a capitalization of 144 million shares. all of those 144 million shares get to approximately five members of the board of directors. the numbers vary but the precautions are the same. who looks the other eight? that is the b shares. those are owned by the family trust, yes. they own the b shares. now the question is, will "the times" go the way of "the wall street journal" and go bankrupt? it used to be thought that it was impossible because the family trust has done well. shares are up in the 50's and people were making mone
part of it is that google is a consolidator. they get $10 for the ads and then they pay "the times" for us. basically, a lot of money being lost. basically, internet advertising is cheap. this is the big problem, will "the times" survive? that is the present question. one thing we should also say, because it is part of the puzzle, when "the times" went public, all of us bought shares. you may not know that, but your pension fund may have some shares. all of these...
90
90
Dec 27, 2012
12/12
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eye 90
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when you look at companies that are going public like facebook and google and zynga -- these companies are all going public with dual class shareholders. i call these private companies in the closet, because they are really finding a way to make sure that they will not be subject to short-term budget short-term shareholders. i am not applauding this development. i think maybe it goes a little too far in the unaccountability direction. but it does suggest that our conventional notions of corporate governance, where directors are pressured to listen to shareholders and to focus on share price, is dysfunctional enough. that is a big part of the story about why public companies are disappearing. >> thank you so much for coming. i have a question related to the shareholder aspect of things. i have been involved in some shareholder activism -- there is a really great shareholder movement, organizing to mitigate some of these problems. like environment of degradation. -- environmental degradation. there is whole movement to create new shareholders as well as to increase awareness. do you see
when you look at companies that are going public like facebook and google and zynga -- these companies are all going public with dual class shareholders. i call these private companies in the closet, because they are really finding a way to make sure that they will not be subject to short-term budget short-term shareholders. i am not applauding this development. i think maybe it goes a little too far in the unaccountability direction. but it does suggest that our conventional notions of...
98
98
Dec 25, 2012
12/12
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eye 98
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you can go on google, fined 20 different tracking experiments that people have performed on these diebold machines, and diebold wears its political heart on its sleeve. they contribute hugely to political campaigns. a paper trail for these machines would be an excellent idea to make sure it is not being hacked, because it has been repeatedly proven that it is embarrassingly easy to hack these diebold machines. that needs to happen. anyway, that is the election reform part of my speech, and i am going to end with another song, that kim and i sang when we were at out at the trail. kim actually thought until she was about 12 years old, she thought the picture of fdr on her grandmother's mantelpiece was her grandfather. [laughter] her grandmother was such a fervent new-dealer that she inoculated came into liberal politics. ♪ o beautiful for spacious skies for amber waves of grain for purple mountain majesties above the fruiten plain america! america! god shed his grace on thee and crown thy good with brotherhood from sea to shining sea from sea to shining sea ♪ thank you. [applause] thank
you can go on google, fined 20 different tracking experiments that people have performed on these diebold machines, and diebold wears its political heart on its sleeve. they contribute hugely to political campaigns. a paper trail for these machines would be an excellent idea to make sure it is not being hacked, because it has been repeatedly proven that it is embarrassingly easy to hack these diebold machines. that needs to happen. anyway, that is the election reform part of my speech, and i am...
119
119
Dec 25, 2012
12/12
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eye 119
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if you googled the words "great senate" you'll find nothing other than my book. [laughter] nobody had ever noticed a great senate. certainly there are great senators and great filibusters, but a great senate had never been thought about. the reader reviews said of the book said today's senate is not a very good, but in 1960s and 1970s, we had a great senate. i'm delighted they agreed with me. from about 1963 to 1980, we had a great senate in america that was in the forefront of everything. from holding president nixon accountable and watergate, every a congressman of the senate. in the middle of that senate was robert c. byrd. by the way, for those of you who want to write a book, having a publisher is a good thing. writing a book looking for a publisher later is not a good thing. i was very fortunate. i publisher said to me, all right, we will let you write the book. it cannot be a memoir. all right. can i pop up in the book occasionally? yeah, twice. the publisher said, it is narrated history. you need to tell a story. ok. i can tell stories. you cannot walk th
if you googled the words "great senate" you'll find nothing other than my book. [laughter] nobody had ever noticed a great senate. certainly there are great senators and great filibusters, but a great senate had never been thought about. the reader reviews said of the book said today's senate is not a very good, but in 1960s and 1970s, we had a great senate. i'm delighted they agreed with me. from about 1963 to 1980, we had a great senate in america that was in the forefront of...